I had never really seen them as rivals, but rather two approaches to a similar high-end market, performance EV and luxury PHEV. People could choose what worked best for them, and I really liked the idea of options in the market place.Yeah, I don't feel comfortable about it either. Even though the Karma is kind of a "rival", Tesla won't gain very much fighting against the Karma. Both should target the non-plug-in rivals for any hope of having a long term market. In the same vein, it irks me when PHEV fans and manufacturers push against BEVs.
But Fisker really dropped the ball. You could say that they had a lot of bad luck, but really you make your own luck. With the help of the Chinese, they may yet turn it around, but I'm not really sure what the company looks like after that.